Ulstein Group recorded revenues of NOK 3.1 billion and an operating profit of NOK 198.8 million in 2024. 

4 June 2025: Megamas Resources announced a ship design contract with Norway-based Ulstein Design & Solutions AS to start the engineering phase on a fibre-optic cable-laying vessel (CLV) planned to be built at the Lloyd Werft Bremerhaven GmbH. 

Three of Ulstein's designs are among the Work Boat World Awards 2024 winners. Tamhae 3 clinched the 'Best Large Research Vessel' award, Olympic Boreas was named 'Best CSOV', and JSD 6000 took home the 'Best Derrick Layer' accolade from Baird Maritime/Work Boat World. These awards celebrate the best vessels in their categories, judged on design, build quality, and functionality.

Olympic's latest CSOV, the 'Olympic Notos', has been operational for six months since her delivery, and the feedback is outstanding.

Subsea rock installation is essential for offshore projects, and for over twenty years, Ulstein Design & Solutions BV has been leading the way in vessel design.

In today's evolving maritime industry, ship owners encounter challenges and opportunities. What options do you have when markets are unpredictable? Sometimes it's all about striking that perfect balance.

"When a viral Drake Passage video surfaced showing huge swells crashing over the bow of Quark Expeditions' Ocean Explorer, it wasn't just the power of the Southern Ocean that made waves. 
The real star? The ship's cutting-edge X-BOW design." 

This quote comes from Alex Loizou at Mundy Adventure. 
With his permission, the whole story continues below. 

In February 2025, Ulstein introduced the innovative SX250 design, a vessel specifically engineered to excel in wave heights up to 2 metres Hs. This strategic design choice aligns perfectly with real-world operational data, revealing that 94.2% of walk-to-work (w2w) operations occur in conditions with wave heights below 2 metres. 

In the competitive world of cruise ship ownership, making smart investments is crucial. Ulstein's innovative cruise ship designs offer unparalleled value, combining efficiency, safety, and sustainability. Here's nine reasons why investing in Ulstein's cruise vessels benefit ship owners, operators and passengers.

BS Offshore and Ulstein Verft has passed a significant milestone with the launch of the Yno 320, a state-of-the-art Commissioning Service Operation Vessel (CSOV). 

Penta-Ocean Construction, a prominent Japanese general contractor, has commissioned Ulstein Design & Solutions B.V. to design its new heavy lift vessel for offshore wind foundation installation. The customised ULSTEIN HX118 design will feature a 5,000-ton Huisman main crane and the ULSTEIN U-STERN™, which enables the installation of increasingly larger monopile foundations.

Innovative deliveries for more sustainable operations.

On 19 December 2024, the CRIST shipyard, Poland, carried out the keel laying ceremony for an ULSTEIN SX222 designed vessel, which will be Ulstein Verft's yard number 323, built for institutional investors.

The hull of the first TWIN X-STERN Commissioning Service Operation Vessel (CSOV) for BS Offshore arrived Ulstein Verft on 18 December 2024. This milestone marks the start-up of the outfitting for Yard Number 320 at Ulstein Verft. 

The Olympic Zeus, launched in 2009, introduced a hybrid power system, reducing fuel consumption by up to 70%. After reaching its 15th anniversary in 2024, it continues to set new fuel efficiency and environmental performance standards.